BNTX vs. SGOV
BNTX (BioNTech SE) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, BNTX returned -22.36%/yr vs 3.66%/yr for SGOV. Their -0.02 correlation means they have often moved in opposite directions in the past.
Performance
BNTX vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, BNTX achieves a -4.85% return, which is significantly lower than SGOV's 2.11% return.
BNTX
- 1D
- -2.44%
- 1M
- -7.14%
- 6M
- -20.37%
- YTD
- -4.85%
- 1Y
- -15.61%
- 3Y*
- -5.44%
- 5Y*
- -22.36%
- 10Y*
- —
- ALL TIME*
- 28.85%
SGOV
- 1D
- 0.02%
- 1M
- 0.27%
- 6M
- 1.81%
- YTD
- 2.11%
- 1Y
- 3.83%
- 3Y*
- 4.64%
- 5Y*
- 3.66%
- 10Y*
- —
- ALL TIME*
- 2.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BNTX BioNTech SE | $69.01M | $73.97M | $84.68M |
| $1.83B | $1.81B | $2.03B |
BNTX vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BNTX BioNTech SE | -4.85% | -16.45% | 7.97% | -29.74% | -40.40% | 216.24% | 71.30% |
SGOV iShares 0-3 Month Treasury Bond ETF | 2.11% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between BNTX and SGOV is -0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.00 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.02 |
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Return for Risk
BNTX vs. SGOV — Risk / Return Rank
BNTX
SGOV
BNTX vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BioNTech SE (BNTX) and iShares 0-3 Month Treasury Bond ETF (SGOV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BNTX | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.16 | ||
| Sortino ratioReturn per unit of downside risk | -382.09 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 382.06 | -381.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 389.90 | -390.43 |
| Martin ratioReturn relative to average drawdown | -0.96 | 6,177.21 | -6,178.17 |
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Drawdowns
BNTX vs. SGOV - Drawdown Comparison
The maximum BNTX drawdown since its inception was -82.08%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for BNTX and SGOV.
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Drawdown Indicators
| BNTX | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.08% | -0.03% | -82.05% |
Max Drawdown (1Y)Largest decline over 1 year | -29.71% | -0.01% | -29.70% |
Max Drawdown (3Y)Largest decline over 3 years | -37.35% | -0.01% | -37.34% |
Max Drawdown (5Y)Largest decline over 5 years | -82.08% | -0.03% | -82.05% |
Current DrawdownCurrent decline from peak | -79.28% | 0.00% | -79.28% |
Average DrawdownAverage peak-to-trough decline | -56.68% | 0.00% | -56.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.44% | 0.00% | +16.44% |
Volatility
BNTX vs. SGOV - Volatility Comparison
BioNTech SE (BNTX) has a higher volatility of 7.94% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that BNTX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNTX | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.94% | 0.05% | +7.89% |
Volatility (6M)Calculated over the trailing 6-month period | 32.06% | 0.13% | +31.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.39% | 0.19% | +41.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.37% | 0.24% | +54.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.70% | 0.23% | +75.47% |
Dividends
BNTX vs. SGOV - Dividend Comparison
BNTX has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BNTX BioNTech SE | 0.00% | 0.00% | 0.00% | 0.00% | 2.43% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.43% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
BNTX and SGOV have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BNTX has higher volatility (7.94%) compared to SGOV (0.05%). In terms of maximum drawdown, BNTX dropped -82.08% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.78 vs -0.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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